Good Morning ,

 

Today's overview of economic news and market action:

  • The cautious tone to investor sentiment continued yesterday …
  • Currency-wise, the main pairs were relatively range bound …
  • Overall, the dollar was holding a slightly firmer tone …
  • EUR/USD opens just below the midpoint of $1.16-1.17 …
  • GBP/USD is back in the lower end of the $1.34-1.35 corridor …
  • Meanwhile, EUR/GBP is in the top half of the 86-87p band …
  • Today, the macro data calendar is US centric once again …
  • Development in Iran, two no-confidence votes in France will also be in focus …
  • The US Supreme Court ruling on the use of emergency powers to apply tariffs may also be released …
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1645   -0.15 -0.85
EUR/GBP 0.8664   0.10 -0.59
GBP/USD 1.3436   -0.25 -0.27
GBP/EUR 1.1536   -0.10 0.59
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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